PHOTO: BT FILE[SINGAPORE] Sea announced a 10.6 per cent increase in second-quarter earnings to US$458.1 million, from US$414.2 million a year earlier and beating analyst estimates of US$434.5 million. Shopee, Sea’s e-commerce arm, reported a 48.2 per cent year-on-year increase in revenue to US$5.6 billion from US$3.8 billion. Monee, Sea’s financial services arm, reported a 58.9 per cent increase in Q2 revenue to US$1.4 billion from US$882.8 million a year earlier. Monee added some 5.3 million first-time borrowers in Q2, while active credit users grew 34 per cent to more than 40 million as at Jun 30. Revenue for the quarter grew 33.5 per cent year on year to US$746.6 million from US$559.1 million.